The Analysis Of Credit Risk Evaluation For Technology-based SME’s

There are many reasons of which the improper assessment of the credit risk of small and medium-sized technology enterprises has been a very important one.This paper firstly distribute regulates and analyses currently theoretical basis and methods of existing Technology-based SMEs credit rating of foreign country, including some international rating agencies such as Moody’s, Standard&Poor’s and Fitch credit rating of the Technology-based SMEs method. Analyzing these advanced models and methods of China’s Technology-based SMEs credit rating are significant in guiding. And then the paper will sum up the Technology-based SMEs credit rating defects existing in China after introduction of the credit rating and the analysing of status of China’s credit rating.The main defects contain the small number of rating agencies, lacking of specific Technology-based SMEs rating agency.The credit rating market is still inefficient and monopolistic market,and its quantitative analysis take too large proportion in credit rating index system,so it is not suitable for China’s national conditions. According to this situation, this article put forwords comprehensive measures from such three aspects:behavior of credit rating agencies, government, and the the relevant regulatory authorities, and Technology-based SMEs credit rating index system. In the final, to demonstrate the operability and usefulness of the paper the results,I selected a representative of the Technology-based SMEs field to be investigated, and do the qualitative and quantitative analysis by using the credit rating index system perfected in this paper.